Petrello reported that Nabors' international drilling business performed well, particularly through its SANAD joint venture in Saudi Arabia. He noted the deployment of the tenth SANAD newbuild rig and ...

Nabors Industries has suspended its drilling activity in Russia following the expansion of US sanctions on the nation, the ...

Middle East drilling player ADES has signed a long-term renewal deal with Saudi Aramco for one of its offshore jack-up rigs, the contract for which was suspended last year by the state giant.

With the global jack-up rig market seeing stabilisation in utilisation, this is the right time for jack-up rig service ...

Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ETCompany ParticipantsWilliam Conroy - Vice President ...

Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2025 operating revenues of $736 million, compared to operating revenues of $730 million in the fourth ...

US tariffs have disrupted global oilfield supply chains, leading to increased costs and prompting shifts in sourcing ...

In Saudi Arabia, the joint venture with Aramco (“SANAD”) is expected to double its earnings in 2025, bringing stability to the cash flow. Strong Growth in Drilling Solutions & Rig Technologies ...

Saudi Aramco is also increasing the utilization ... TAQA has also ramped up local rig refurbishment and directional drilling services to capitalize on Aramco’s drive for localized upstream ...

State-run Saudi Aramco declined to comment ... Last year, industry sources said that Aramco planned to raise the number of drilling rigs it operates to pre-financial crisis levels of up to ...